December 15, 2021
The Electric Slide
Jim Church
Taxpayer rebates actually increase the overall cost of an EV as noted in the article.
But one reality that is not addressed is that the materials needed to construct an EV are NOT coming down in cost. Quite the opposite as the supply of many of the necessary minerals is getting more scarce thus increasing costs. Bringing more mines online has massive environmental impacts, costs and supply issues. Then there is the fact that China has cornered a majority percentage both the supply and manufacture of many of those rare but necessary minerals. Therefore contrary to naive politician’s claims the cost of EVs will continue to climb.
Taxpayer rebates actually increase the overall cost of an EV as noted in the article.
But one reality that is not addressed is that the materials needed to construct an EV are NOT coming down in cost. Quite the opposite as the supply of many of the necessary minerals is getting more scarce thus increasing costs. Bringing more mines online has massive environmental impacts, costs and supply issues. Then there is the fact that China has cornered a majority percentage both the supply and manufacture of many of those rare but necessary minerals. Therefore contrary to naive politician’s claims the cost of EVs will continue to climb.
Posted by: Timothy Birdnow at
09:06 AM
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1
Good point! Too bad Sleepy Joe will never realize this.
Posted by: Dana Mathewson at December 15, 2021 10:04 PM (usxcn)
2
I don't think he realizes that much these days Dana. He's purely a prop.
Posted by: Timothy Birdnow at December 16, 2021 07:30 AM (ZYZqd)
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